SV Moms Group Set to Close

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) June 15, 2010 -- PALO ALTO, June 15, 2010 - Silicon Valley Moms Group, a leading independent blogging publisher for mothers, today announced that their 13-city mom blogging conglomerate plans to close its network at the end of July.

"Over the past nine months we have been analyzing the most effective way to rationalize this business. We have concluded that, considering the needs of our 400-strong writer group and those of our customers and advertisers, the business is not sustainable without additional financial support," stated Jill Asher, a co-founder of SV Moms Group. "It is anticipated that it will take approximately three months to complete the process of closure," stated Ms. Asher. Approximately 22,000 blog posts will remain public and available for the foreseeable future.

"We recognize these are very difficult decisions affecting our writers, their families and the blogging community as a whole," continued Ms. Asher. "We expect this elite community of bloggers to continue to thrive organically." SV Moms Group announcing that the brand will be wound down does not exclude the potential for an investor to purchase the company in the short-term. The privately held company is expected halt operations by September.


Source: Silicon Valley Moms Group, LLC

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